Form 4: Ryder System Director Hagemann Receives Annual Grant of Restricted Stock Units

Director Robert Hagemann acquired 1,243 shares of Ryder System common stock through an annual grant of restricted stock units.

Summary

• On May 2, 2025, Robert Hagemann, a director of Ryder System Inc., acquired 1,243 shares of common stock.
• This acquisition was part of an annual grant of restricted stock units under the company's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The grant was valued at $180,000, with the stock price at $144.71 per share on the transaction date.
• Following the transaction, Hagemann directly owns 29,700 shares of Ryder System Inc.

Sentiment

Score: 7

Explanation: The document reflects a routine equity grant, which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative performance or concerns.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The director's increased stake in the company could signal confidence in Ryder System's future performance.

Industry Context

This type of equity compensation is common for directors and executives in publicly traded companies to align their interests with shareholders and incentivize performance.

Comparison to Industry Standards

• Equity grants to board members are a standard practice across publicly traded companies.
• The size of the grant is typical for a company of Ryder System's size and market capitalization.
• Companies like United Parcel Service (UPS) and FedEx (FDX) also utilize similar equity compensation plans for their directors.

Stakeholder Impact

• Shareholders may view the equity grant positively as it aligns the director's interests with the company's performance.
• Employees are not directly impacted by this transaction.

Key Dates

Keywords

Ryder System, Director, Hagemann, Stock Grant, Restricted Stock Units, Equity Compensation, Beneficial Ownership, Form 4